Two-Unit Duplex with Updated
New
For Sale
$169,900
35 POTTSVILLE STREET E, Pine Grove, PA 17963
Two vacant residences offer separate one- and two-bedroom layouts with appliances and oil boiler heat.
Property Size2,000 SF
Price / SF$84.95
Days on Market5
Property Features for 35 POTTSVILLE STREET E
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Duplex
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1950
Buildings
1
Listing Agency:
Bold Realty
Listed By:
Trent L Stauffer · License #RM422216
(610) 373-8701
Source:
Cummingsrealtors
Added: Sep 23
Changed: Sep 26
Last Checked: Sep 26 at 5:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bold Realty
Investment Insights
Based on property information with market context.
This duplex contains two separate residences, and both are vacant. The first-floor unit offers 1 bedroom, 1 bath and 590 square feet, with a refrigerator and stove. The second-floor residence has 2 bedrooms and 1 bath, along with replacement windows, newer flooring, a range and a refrigerator. An oil boiler provides heat to the property.
Water, sewer and trash are included for tenants in both units. Occupants are responsible for heating oil and electricity. The property is at 35 Pottsville Street E in Pine Grove, with access to borough amenities.
Water, sewer and trash are included for tenants in both units. Occupants are responsible for heating oil and electricity. The property is at 35 Pottsville Street E in Pine Grove, with access to borough amenities.
Key Highlights
- Two vacant units: one with 1 bedroom and 1 bath; the other with 2 bedrooms and 1 bath
- First‑floor residence measures 590 square feet and includes a refrigerator and stove
- Second‑floor unit features replacement windows, newer flooring, a range and a refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,781
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$235,620
$235.6K
Cap Rate 7%
$168,300
$168.3K
Cap Rate 9%
$130,900
$130.9K
Market Conditions
NOI Build-Up for 2,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$18.0K $9.00/SF
− Vacancy
−$1.2K −$0.59/SF
EGI
$16.8K $8.42/SF
− OpEx
−$5.0K −$2.52/SF
NOI
$11.8K $5.89/SF
Area
Schuylkill County, PA
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$235,620
Cap Rate 7%
$168,300
Cap Rate 9%
$130,900
Alternative Uses
Best Use
Multifamily LT 5
$168.3K
$147.3K – $196.4K
NOI $11,781 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$156.3K
$136.8K – $182.4K
NOI $10,942 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$300.0K
$262.5K – $350.0K
NOI $21,000 @ 7.0% cap · market cap 12.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Explore this area
Business Placement
Demographics for 17963, PA
9,013
Population
4,301
Households
2.1
Avg Household Size
46
Median Age
17%
College-Educated
91%
High-School Grad
83.7 sq mi
ZIP Area
108
Density / Sq Mi
$74,261
Median Household Income
$48,711
Median Earnings
$882
Median Rent
$203,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two vacant residences offer separate one- and two-bedroom layouts with appliances and oil boiler heat.
Where is this duplex located?
The property is located at 35 POTTSVILLE STREET E Pine Grove, PA.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Two vacant units: one with 1 bedroom and 1 bath; the other with 2 bedrooms and 1 bath; First‑floor residence measures 590 square feet and includes a refrigerator and stove; Second‑floor unit features replacement windows, newer flooring, a range and a refrigerator
